« Cafe Classic: Driving Innovation with Total Rewards | Main | What's the Fuss About COL vs. COL? »

10/10/2018

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

I have found, time and time again, that without a long-term plan to bring people into competitive rates, they will continue to lag the market. I always encourage business partners and stakeholders to consider where that person should be over the course of X months or years, and to plan for moving them into that rate.
Another approach, though a more costly one, is to shift the perception of what an aspirational promotion is. Rather than giving high-potentials a chance - we should make an investment in them and provide competitive rates.

Without either a plan or a competitive rate, you may see your organization become a training ground for other companies to scoop up your talent.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)